Date
Details
Price
Change
Source
2/16/2026
Listed
$3,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$3,450,000 Just Listed
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Property Description
Strauss Realty, Ltd. is pleased to present 14600 Kilpatrick Avenue, a multi-tenant industrial investment opportunity in Midlothian, Illinois. The property consists of two buildings totaling approximately 35,900 square feet and 42 individual units, currently 86.1% leased. Building 1 (Units 1-14) includes approximately 9,800 SF, with units averaging 700 SF each. Building 2 (Units 15-42) totals approximately 26,100 SF, with units averaging 900 SF, including several combined spaces. A shared, secured restroom is located between Units 16 and 17. Offered at $3,450,000, the property features a diversified small-bay tenant base. Current NOI is $309,646, reflecting an 8.98% cap rate, with stable in-place income and potential for future rental growth. Recent capital improvements include demising select double units into single units, installation of bollards around gas meters, implementation of a mastered key system (GoldyLocks), and new heaters in select spaces. Ownership is currently completing installation of a required fire alarm system per the Village.
Full Property Details
Full Property Details for 14600 Kilpatrick Ave
General
- Price: $3,450,000
- Taxes: $142,497 (2024)
- Status: Active
- Type: Warehouse
- Source: MRED
- MLS ID: 12570028
- Updated: 2/16/2026
- Added to Site: 1 day(s) ago
Additional Information
- Security/Safety: Alarm on Site
Location
- Area: Midlothian
- County: Cook
- Driving Directions: Located on Kilpatrick, north of 147th St.
- Location Details: South Suburban, Southwest Suburban, Chicago Southwest
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas
Structural Information
- Drive-In Doors: 42
- Stories/Levels: 1
- Square Feet: 35,900
Lot Features
- Lot Size (Sq. Ft.): 70,434
- Lot Dimensions: 234 x 301
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $999
- Security Deposit: Alarm On Site
- Tax Amount: $142,497
- Tax Year: 2024
Disclosures and Reports
- Property ID: 28101160680000
Listed by Strauss Realty Ltd
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Listing agents
— 14600 Kilpatrick Ave —
Strauss Realty Ltd
Strauss Realty Ltd
NMLS#: 1598647
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Schools
Schools serving 14600 Kilpatrick Ave
School Districts:Forest Ridge School District 142, Bremen Community High School District 228
| Name | Grades | Distance |
|---|---|---|
Ridge Early Childhood Center 5151 149th Street, Oak Forest, IL 60452 | PK-K | 0.7 mi |
Kerkstra Elementary School 14950 Laramie Avenue, Oak Forest, IL 60452 | 1-5 | 0.8 mi |
Jack Hille Middle School 5800 151st Street, Oak Forest, IL 60452 | 6-8 | 1.5 mi |
Oak Forest High School 15201 Central Avenue, Oak Forest, IL 60452 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 14600 Kilpatrick Ave
Estimate the Cost
Estimate the Cost for 14600 Kilpatrick Ave
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 4Total Baths
- 2,028Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 4Total Baths
- 2,028Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,800Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,346Sq. Ft.
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- Condo
- Active
- Updated 4 days ago
- 2Beds
- 2Total Baths
- 1,150Sq. Ft.
- Condo
- Active
- Updated 22 hours ago
- 2Beds
- 2Total Baths
- 1,000Sq. Ft.
- Single Family
- Active
- Updated 23 hours ago
- 3Beds
- 1Total Bath
- 1,044Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,228Sq. Ft.
14600 Kilpatrick Avenue, Midlothian, IL 60445 (MLS# 12570028) is a Warehouse property. 14600 Kilpatrick Avenue is currently listed for $3,450,000 and was received on February 16, 2026. Want to learn more about 14600 Kilpatrick Avenue? Do you have questions about finding other Warehouse real estate for sale in Midlothian? You can browse all Midlothian real estate or contact a Coldwell Banker agent to request more information.